Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company; | ₹160.00 Cr |
| 2 | Investment in our subsidiary viz. Sanathan Polycot Private Limited, for repayment and/ or pre-payment, in full or part, of certain borrowings availed by our subsidiary viz. Sanathan Polycot Private Limited; and | ₹140.00 Cr |
| 3 | General corporate purposes. | ₹70.95 Cr |